IDB ramps up financing for green projects in Latin America and the Caribbean

Friday, March 16, 2012 - 03:00
Participate in Twitter using #IDBmtg Bank approved record $736 million in loans last year for private sector projects in renewable energy and energy efficiency The Inter-American Development Bank (IDB) is ramping up lending for private sector projects related to renewable energy and energy efficiency to help bridge the gap for long-term financing for green investments in Latin America and the Caribbean.

Renewable energy to power irrigation in the Atacama desert

Thursday, December 15, 2011 - 03:00
With support from the IDB, Subsole will be the first company in Chile’s fruit industry to use solar photovoltaic energy The Atacama desert is the driest place on earth and the region with the highest solar radiation on the planet. That’s where Subsole, one of the Chile’s largest locally owned exporters of table fruits, is planning its future growth, and it will use the power of solar energy and energy efficiency to achieve its goal.

The IDB, a partner of Colombia in development

Tuesday, March 17, 2009 - 03:00
Since the mid-1990s the Inter-American Development Bank (IDB) has been the leading source of multilateral financing for Colombia. Over the last 50 years, the IDB has approved more than US$14.8 billion in loans and non-refundable technical cooperation projects for Colombia. Throughout its history, the IDB has supported the Colombian government and private sector in key development areas such as infrastructure, state modernization and reform, small and medium enterprise, agriculture, energy, climate change and environmental protection.

Three keys for regulating public services

Monday, June 14, 2004 - 03:00
Three regulatory principles for promoting private investment and providing adequate coverage of public services were put forward by Sergio Espejo Yaksic, Supervisor of Electricity and Fuel in Chile, at a seminar held at the IDB. Using Chile's successful experience as a model, Espejo pointed out that sound regulation of rates was essential for promoting private investment in public services. Good regulation should enable investors to earn a reasonable profit, and at the same time ensure that consumers receive the services they need.

Chile’s toll-road revolution

Thursday, January 1, 2004 - 03:00
By Paul ConstanceSometime this year, commuters in the Chilean capital of Santiago will experience a long-awaited dose of relief when portions of a new four-lane highway running north–south through their congested city finally open to traffic.